black bear casino in carlton(Image: Las Vegas Review-Journal)In a note to clients today, the bank upgrades the Caesars Palace operator to “buy” from “neutral,” while paring its rating on Wynn to “neutral” from “buy.” Bank of America is enthusiastic about Caesars’ increasing exposure to the fast-growing iGaming and sports wagering industries.We think CZR can transform (again) into an omni-channel winner, with accelerating online market share. Though that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. That includes the sale of William Hill’s betting shops and the European online gaming business. online gambling jobs philippinesThe number of visitors who traveled to Southern Nevada in June totaled almost 13.5 million people. Prior to the coronavirus pandemic, the world’s largest casino center accounted for 70 percent of the operator’s earnings before interest, taxes, depreciation and amortization (EBITDA).Ongoing visa restrictions and lack of a travel bubble with Hong Kong are among the issues weighing on Macau concessionaires, including Wynn. That’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. online casino keno

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borgata online casino promotionsThat’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. Though that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. The 0 million hotel is the latest investment Genting has made at the Queens casino, located at Aqueduct racetrack. paragon casino promotionsBut we think this is poised to rise via a large .5B budget ov3kings online casinoer the next 2.5 years, strong front end partnerships (ESPN, CBS, NFL), and an experienced back end and tech team powered by William Hill, and Total Rewards,” said the bank.Last week, Caesars unveiled the new look of Caesars Sportsbook while saying it plans to spend at least billion over the next couple of years as it looks to catch up to rivals such as FanDuel, DraftKings, and BetMGM.For Caesars, Domestic Is BetterPart of the reason Bank of America is bullish on Caesars is the operator’s heavily domestic footprint, which levers it to strength in regional markets, as well as the ongoing recovery in Las Vegas.While a new mask mandate has come to Nevada, stoking concern about the outlook for convention and meeting business into year-end, Sin City is still recovering from the coronavirus pandemic faster than Macau. Bank of America prefers that operator’s stock to Wynn Resorts. (Image: Resorts World New York City)The eight-story hotel features 400 rooms, including 34 suites, and other amenities – including a Sugar Factory café. admiral casino kings heath birmingham

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borgata casino chipsThough that’s down 36 percent from pre-pandemic June 2019, it’s a 39 percent gain on June 2020. Bank of America is reconfiguring its ratings on casino equities, and it’s moving Caesars Entertainment (NASDAQ:CZR) ahead of Wynn Resorts (NASDAQ:WYNN) on the list. That includes the sale of William Hill’s betting shops and the European online gaming business. Bank of America prefers that operator’s stock to Wynn Resorts. That’s following last week’s news of a local family of four contracting COVID-19, representing the special administrative region’s (SAR) first cases in over 500 days.Bank of America also mentioned geopolitical tensions between the US and China as a potential drag on Wynn stock. Visitor volumes to Las Vegas have consistently improved in each month this year. scarlet pearl casino d iberville mibibippi